The Philadelphia Inquirer: City finances, including Philadelphia’s, could go bad fast in this economy, bond expert says
10/06/2022
With low interest rates, a growing U.S. economy, and all the federal money Washington sent local governments during the late pandemic, the past few years have marked a “Golden Age of public finance” for Philadelphia and other big cities, says Tom Kozlik, who’s been raising money for cities since he started as a financial analyst for city agencies under Mayor Ed Rendell.